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Taking a Closer Look At ZeroFox Holdings Inc (ZFOX) Following Its Recent Trade

In a filing, ZeroFox Holdings Inc revealed its CEO and Chairman Foster James Christopher unloaded Company’s shares for reported $90207.0 on Mar 18 ’24. In the deal valued at $1.12 per share,80,542 shares were sold. As a result of this transaction, Foster James Christopher now holds 10,370,476 shares worth roughly $11.82 million.

Then, Bender Timothy S sold 31,736 shares, generating $35,544 in total proceeds. Upon selling the shares at $1.12, the CFO and Treasurer now owns 852,871 shares.

Before that, Price Michael Morgan sold 29,014 shares. ZeroFox Holdings Inc shares valued at $32,496 were divested by the Chief Technology Officer at a price of $1.12 per share. As a result of the transaction, Price Michael Morgan now holds 638,526 shares, worth roughly $0.73 million.

Cantor Fitzgerald initiated its ZeroFox Holdings Inc [ZFOX] rating to an Overweight in a research note published on April 26, 2023; the price target was $3. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early December with a ‘”a Hold”‘ rating. Stifel began covering ZFOX with “Buy” recommendation on November 10, 2022.

Price Performance Review of ZFOX

On Tuesday, ZeroFox Holdings Inc [NASDAQ:ZFOX] saw its stock unchanged to $1.14. Over the last five days, the stock has gained 0.88%. ZeroFox Holdings Inc shares have risen nearly 31.03% since the year began. Nevertheless, the stocks have risen 49.82% over the past one year. While a 52-week high of $1.25 was reached on 05/07/24, a 52-week low of $0.41 was recorded on 01/23/24. SMA at 50 days reached $1.1250, while 200 days put it at $0.9349. A total of 0.46 million shares were traded, compared to the trading of 76400.0 shares in the previous session.

Levels Of Support And Resistance For ZFOX Stock

The 24-hour chart illustrates a support level at 1.1333, which if violated will result in even more drops to 1.1267. On the upside, there is a resistance level at 1.1433. A further resistance level may holdings at 1.1467. The Relative Strength Index (RSI) on the 14-day chart is 64.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0005, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 0.00%. Stochastics %K at 83.33% indicates the stock is a selling.

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